UBS Issues Supply Chain Sustainability Framework

Intensifying geopolitical tensions, emerging new technologies, and concerns over resilience have prompted Swiss bank UBS to develop a four-pillar framework to improve supply chain sustainability globally. According to UBS, The potential for improved sustainability performance lies in better supply chain measurement, management, collaboration, and development through technological and automation innovation. The four-pillar framework outlines areas of focus to successfully realign processes: evaluating supply chain visibility, optimising supply chains to prioritise sustainability, collaborating on system-level improvements, and financing new capabilities. “Making the most of the current global transformation from a sustainability perspective requires action from policymakers, companies, and investors,” said Richard Mylles, ESG Analyst at the UBS Sustainability and Impact Institute. “Seizing this opportunity will ensure that vital supply chains are prepared for the future – to meet ever greater regulatory and consumer sustainability demands.”

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